REG - GlobalData PLC - Launch of new £10 million Share Buyback Programme

GlobalDataAnnouncement

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RNS Number : 7108Y  GlobalData PLC  31 March 2026

31 March 2026

 

 

GlobalData Plc ('GlobalData' or 'the Company')

Launch of new £10 million Share Buyback Programme

 

GlobalData Plc is pleased to announce a new share buyback programme of up to a
maximum consideration of £10 million (the 'Share Buyback Programme'), within
certain pre-set parameters. The purpose of the Share Buyback Programme is to
return surplus capital to shareholders and reduce the Company's share
capital.  As such, all Ordinary Shares repurchased by the Company under the
Share Buyback Programme will be cancelled. The Share Buyback Programme is
expected to commence on 31 March 2026 and be completed before the Company's
Interim Results are published.

 

The Share Buyback Programme will be effected under the authority granted by
shareholders at the Company's 2025 Annual General Meeting to purchase a
maximum of 80,653,410 Ordinary Shares, taking into account the Company's
previous share buyback activity, and will be subject to the renewal of such
authority at the Company's 2026 Annual General Meeting, which is being held on
28 April 2026.

 

Any purchases of Ordinary Shares by the Company under the Share Buyback
Programme will be carried out on the London Stock Exchange in compliance with
the relevant conditions for trading, restrictions regarding time and volume,
disclosure and reporting obligations, and price conditions. The Share Buyback
Programme will be carried out in accordance with the parameters prescribed by
the Market Abuse Regulation 596/2014 (as it forms part of UK law pursuant to
the European Union (Withdrawal) Act 2018) and Chapter 12 of the Financial
Conduct Authority's Listing Rules. The Company may repurchase up to 25% of
this average daily volume.

 

The maximum price paid per Ordinary Share will be no more than an amount equal
to 105 per cent. of the average middle market quotations for an Ordinary
Share, as derived from the London Stock Exchange Daily Official List, for the
five business days immediately preceding the day on which the Ordinary Share
is purchased.  The minimum price that may be paid is £0.0001 per share.

 

GlobalData has entered into non-discretionary arrangements with Investec
Bank plc ('Investec') to conduct the Share Buyback Programme on its behalf.

 

The Company will make further regulatory announcements in respect of
repurchases of Ordinary Shares as required by UK MAR and the UK Listing Rules.

 

-ENDS-

ENQUIRIES

 GlobalData Plc                          0207 936 6400
 Mike Danson, Chief Executive Officer
 Graham Lilley, Chief Financial Officer

 Investec Bank Plc (Joint Broker)        0207 597 4000
 Henry Reast
 Virginia Bull
 FTI Consulting (Financial PR)           0203 727 1000
 Edward Bridges                          globaldata@fticonsulting.com (mailto:globaldata@fticonsulting.com)
 Dwight Burden
 Emma Hall

 

 

 

 

 

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